PlayPhone Inc., a San Jose, Calif.-based mobile media and entertainment company, has acquired Pitch Entertainment Group, a UK-based provider of mobile entertainment content. No financial terms were disclosed. PlayPhone has raised around $30 million in VC funding from Scale Venture Partners, Cardinal Venture Partners and Menlo Ventures
In a strategic move to become the undisputed leader in direct-to-consumer mobile entertainment, PlayPhone, Inc. (www.playphone.com), which operates the largest network of mobile content destinations in
“Pitch Entertainment Group is an innovative and market-leading global mobile entertainment company,” said Ron Czerny, founder and chief executive officer at PlayPhone. “Having their expertise in building direct-to-consumer services for international markets establishes PlayPhone as a true leader in creating and marketing compelling, localized mobile entertainment services across the globe.”
Pitch Entertainment Group is a global mobile entertainment company, headquartered in
“We are extremely delighted to become part of the PlayPhone family,” adds Bowley. “This merger takes us to the next level by allowing us to offer truly global and digital business to consumer initiatives with worthy client partners.”
This combination allows PlayPhone to offer expanded distribution for its top-tier content partners, which, in
PlayPhone gives consumers access to a new and exclusive media catalog spanning audio, video and gaming content from leading music labels and artists, game publishers and media companies. In addition to operating its consumer facing mobile destination at PlayPhone.com, it also powers mobile content destinations for entertainment and retail brands including Wal-Mart, ABC Television, Cartoon Network, Adult Swim, Sega, Real Networks, iPlay and many more. The international expansion of PlayPhone's partner destinations has already started with the launch of Cartoon Network in
About Pitch Entertainment Group
Pitch Entertainment Group (www.pitchentertainment.com) is an innovative and market-leading global mobile entertainment company. Pitch currently operates in the UK, Germany, Sweden, Norway, Australia, Spain, Belgium, Austria, Ukraine, Switzerland, Singapore, Malaysia, Ireland, South Africa, US, Italy, France, Lithuania and the Netherlands. All territories are controlled from the Pitch Entertainment Group head office in
About PlayPhone, Inc.
PlayPhone (www.playphone.com) is a leading mobile media company providing cutting edge personalization and entertainment content to mobile consumers anytime, anywhere. PlayPhone founded the direct-to-consumer mobile media distribution standard in 2003 and continues to establish new means for delivering wireless entertainment. The company currently operates its own leading mobile entertainment destination at PlayPhone.com and powers subscription-based mobile portals for the world's top entertainment and retail brands including Wal-Mart, ABC Television, Cartoon Network, Sega, Real Networks and more. PlayPhone is based in San Jose, Calif. and is funded by top venture firms Menlo Ventures, Cardinal Venture Capital and Scale Venture Partners.